UAE is advancing rapidly towards altering its economic direction from moving towards knowledge-based economy instead of previous oil-based one. For this purpose, the government has taken several important steps in recent past. One really important step was providing 10 year residence visa for professionals and talented individuals of various scientific fields. Now, these measures have…
Dubai and Abu Dhabi are most prominent places in UAE for foreign investors and visitors. Most of the foreign entrepreneurs and investors seek business and residing opportunities in these two emirates (especially Dubai) whenever they want to start a venture in UAE. These two emirates also provide important incentives for foreign investors. But one thing…
Dubai’s love for free zones is quite evident from the fact that it hosts 30 out of total 45 free zones in UAE. Few of these free zones are of general type that are open for all types of businesses while others are established to facilitate specific type of business activity. Such free zones provide…
UAE has always welcomed expat population for business, employment and residence. It is the reason that several big cities in this Gulf country have a sizable expat population and it is continuously increasing. Dubai is an example where more than 85% of population is comprised of expats. Abu Dhabi and Sharjah are other important cities…
UAE is trying its best to minimize its reliance on oil & gas sector which is becoming more and more unpredictable with the passage of time. It is the reason that government is passing new laws continuously in order to assist the growth of other sectors. Even before the oil crisis of 2014, business was…
UAE is popularly known for its economic prosperity, caring government and availability of social wellbeing in the whole Middle East. The rulers of UAE are always ready to introduce new laws and take actions that would benefits their country, its citizens and millions of foreigners residing here. Efforts and performance of UAE for improving economic…
